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Bill > SB2647


MS SB2647

MS SB2647
Publication advertising lands for sale for taxes; raise to $3.00 and provide for increases.


summary

Introduced
01/19/2026
In Committee
01/19/2026
Crossed Over
Passed
Dead
02/03/2026

Introduced Session

2026 Regular Session

Bill Summary

An Act To Amend Section 25-7-21, Mississippi Code Of 1972, To Raise The Rate To $3.00 For Each Separate Publication Advertising Lands For Sales Taxes; To Provide That The Rate Shall Increase Each Year Starting July 1, 2027, At A Rate Comparable To The Consumer Price Index; And For Related Purposes.

AI Summary

This bill amends Mississippi Code Section 25-7-21 to increase the fee paid to publishers for each separate advertisement of land for sale due to unpaid taxes from $1.50 to $3.00, with this new rate to automatically increase annually starting July 1, 2027, at a rate similar to the Consumer Price Index (CPI), which is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. This change aims to update the publication fees, which were last set in 1985, to reflect current economic conditions and ensure that the cost of advertising these tax sales is adequately covered.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Died In Committee (on 02/03/2026)

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